Jesse Jackson

Ep 96 - Jesse Jackson | The Truth About Selling Your Shop to Private Equity

Tekmetric transformed my shop. Plain and simple. Want that for yours? Touch HERETurnkey Marketing takes the stress of doing something I'm not good at off my plate. And gives it to someone who is. Click HERE for more.Send your service advisor to hands down the BEST service advisor training in the industry (even other coaching companies agree). It's Elite Worldwide's Masters Program. The next one is happening in Dallas Texas, September 10-12. Learn more HEREWhen I used the maintenance tool for the fist time with Detect Auto, my mind was blown. My advisors had the same reaction - and then SO MUCH MORE TIME. Learn more about Detect Auto and book a free demo now!Jesse Jackson is the CEO of Mango Automotive and knows a thing or two about scaling an auto repair business. Mainly because she scaled to 8 Figures in 3 Years. Yeah. Pretty good. She tells Mike why it's important to her to help shop owners retire comfortably, the realities of private equity buyouts, and innovative solutions like the new co-op model aimed at giving small shop owners a fairer shot at big multiples.Email Jesse - jesse@mangoautomotive.comTimestamps:00:00 Why the gap between private equity & shop owner deals matters01:01 The surprising drag bar origin of the podcast logo02:14 Jessee’s family business journey: three generations, tough choices03:29 Why Jessee hated the shop as a kid…and college “studies”04:21 Why teaching wasn’t in the cards—parenting, patience, and expectations05:57 Public vs. private school and family debates about education07:06 Trades, college alternatives & raising hands-on kids08:33 Kids figuring out life—boomerangs and avoiding $100k mistakes10:06 Official intros: Mike Allen, mother of seven, owner of eight shops10:35 Mike’s unconventional leap from environmental engineer to automotive mogul11:46 Growth secrets: from 0 to $17M in four years13:10 The ultimate session: “Growing from zero to eight figures”14:41 Acquiring shops: The stories, motivations, and the human side16:35 Shop owners and retirement dreams—how Mango is changing the game19:11 The “1 to 3 out of 100” rule—finding shops worth acquiring20:05 The evolution of Mango’s team and Jesse’s focus on marketing & acquisitions22:45 Which shops do they buy? Turnarounds vs. high performers23:10 Shattering revenue records—and a little friendly competition24:32 Can the next gen kids take over? Mike’s family talks legacy26:08 The 30-by-2030 vision: getting rolled up with equity27:01 Why the current system feels broken—and how the Mango co-op could fix it29:35 Jessee’s TechMetric ad break – Shop life made simple31:09 The real question: Is selling to PE a betrayal or a smart exit?32:06 Getting honest: Life, legacy & why helping owners matters34:43 How the Mango co-op actually works—details & process36:44 What’s next? Growth, challenges & why five years feels like a lifetime39:00 Favorite markets, new territory, and expansion goals40:29 The thrill of the shop game—and the hunt for the next big thing41:44 Want to sell your shop or join the co-op?

Ep 152: She Grew from Zero to Eight Shops in Four Years?? | Jesse Jackson